Natwest and Värde Partners back SME lender DBT


DBT, a Stockholm-based leading European SME lender, has closed a SEK 3.1bn debt facility to accelerate its lending to Swedish SMEs from NatWest and Värde Partners.

DBT is on a mission to create better growth opportunities for Sweden’s small and medium-sized companies.

Since its inception in 2017, DBT said it has built a unique position within growth financing to SMEs, leveraging its credit intelligence technology platform, which by leveraging real-time client data enables tailored and scalable funding with faster turnaround to borrowers.

DBT’s proprietary technology platform for risk assessment and lending has allowed the company to lend more than SEK 2bn in the past six years. Data shows that DBT’s borrowers have outperformed other SMEs by 7x in terms of growth.

DBT said the funding will enable it to scale further and support more SMEs across all industries with simple access to growth funding.

Olmo Montesanti, co-head of private financing sales Europe at NatWest Markets N.V., one of NatWest’s entities in Europe, said, “Stable access to credit is crucial to the success and growth of SMEs and their positive impact on the economy.

“Our backing of DBT represents a further step towards our commitment to remove barriers to enterprises and allow them to grow. DBT shares our commitment to serve the growing SME market and we are pleased to further support DBT’s ambition and work with them.”

Aneek Mamik, partner and global head of financial services at Värde Partners, added, “FinTech lenders like DBT are going through a period of extraordinary growth due to a secular shift in their favour. Borrowers, both commercial and consumer, are increasingly demanding more tailored forms of capital to fund their growth and purchases.

Uganda-based digital lending platform Numida recently raised $12.3m in its pre-Series A funding round, which comprised of equity and debt.

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